CME looking at launching London futures exchange

From Reuters: CME Group Inc, parent company of the New York Mercantile Exchange, the world’s largest oil trading bourse, is looking at launching a futures exchange in London in a bid to capture more emerging market business, the company’s CEO said on Wednesday.
Chief Executive Craig Donohue told the Reuters Future Face of Finance Summit on Wednesday that London featured in his company’s plans for futures as well as over-the-counter trade, as CME looks at a market that has benefited from its relative proximity to Asia…………………………………….Full Article: Source